{"url":"https://nivawealth.com/firms/westwood-management-110269","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/110269","regulatoryAum":12457042247,"crd":"110269","secFileNumber":"801-18727","legalName":"Westwood Management Corp","displayName":"Westwood Management","website":null,"linkedinUrl":"http://linkedin.com/company/1059301/","founded":null,"organization":"New York corporation","fiscalYearEnd":"December","headquarters":{"street":"200 Crescent Court, Suite 1200","city":"Dallas","state":"TX","stateName":"Texas","country":"United States","postalCode":"75201"},"tradeNames":[],"registration":{"secApproved":"11 April 1983","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":95,"advisory":68,"brokerDealerReps":27,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":12457042247,"discretionaryAccounts":249,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":23562813,"nonUsClientsPct":0,"nonAumClients":40},"clientTypes":[{"label":"Individuals (other than HNW)","clients":146,"regulatoryAum":195651088},{"label":"High-net-worth individuals","clients":19,"regulatoryAum":81748065},{"label":"Investment companies","clients":24,"regulatoryAum":5763760169},{"label":"Pooled investment vehicles","clients":16,"regulatoryAum":1523393421},{"label":"Pension and profit-sharing plans","clients":10,"regulatoryAum":1141721193},{"label":"Charitable organizations","clients":7,"regulatoryAum":248095808},{"label":"State or municipal government entities","clients":18,"regulatoryAum":2720899164},{"label":"Sovereign wealth funds and foreign official institutions","clients":null,"regulatoryAum":474733475},{"label":"Corporations and other businesses","clients":7,"regulatoryAum":307039864}],"fees":[],"feeNotes":[],"custodians":[{"name":"State Street Bank and Trust Company","shortName":"State Street Bank and Trust","location":"Boston, MA","smaAssets":853407812},{"name":"The Northern Trust Company","shortName":"The Northern Trust","location":"Chicago, IL","smaAssets":1096385593},{"name":"Jpmorgan Chase Bank, N.A.","shortName":"J.P. Morgan","location":"Delaware, OH","smaAssets":531504695},{"name":"Bank of New York Mellon","shortName":"Bank of New York Mellon","location":"New York, NY","smaAssets":943999391}],"custodyNote":"Westwood Management has custody of client assets.","otherCustodians":[],"leadership":[{"name":"John Ehinger","title":"Senior Vice President, Head of Legal and Compliance","crd":"4870414"},{"name":"Fabian Gomez","title":"President, Chief Operating Officer","crd":"2457988"},{"name":"Murray Forbes","title":"SVP, Chief Financial Officer, Treasurer","crd":"7091298"},{"name":"Askari Foy","title":"Chief Compliance Officer","crd":"7650814"},{"name":"Brian Casey","title":"CEO, Director","crd":"1409741"},{"name":"Susan Montgomery","title":"Chairman and Director","crd":"2415157"}],"ownership":[{"label":"Westwood Holdings Group, Inc.","detail":"Owner in the 75% or more ownership band and a control person, since December 2001."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":2,"privateResidences":0},"listedOfficeAddresses":3,"officesByState":[{"state":"Illinois","offices":1,"addresses":[{"street":"2015 Spring Road","city":"Oak Brook"}]},{"state":"Texas","offices":2,"addresses":[{"street":"200 Crescent Court, Suite 1200","city":"Dallas","headquarters":true},{"street":"10000 Memorial DR.","city":"Houston"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"214-756-6900","stateRegisteredReps":12,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees"],"activities":["Portfolio management for individuals and/or small businesses","Portfolio management for investment companies","Portfolio management for pooled investment vehicles (other than investment companies)","Portfolio management for businesses (other than small businesses) or institutional clients","Other"],"financialPlanningClients":null,"assetMix":[{"label":"Exchange-traded equity securities","percent":91},{"label":"Investment grade corporate bonds","percent":7},{"label":"Cash and cash equivalents","percent":2}],"privateFunds":0},"sources":{"adv1FilingDate":"31 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/110269/PDF/110269.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Westwood Management have?","answer":"Westwood Management has 247 clients and manages $12.5 billion for them, as of March 2026. They include 146 other individuals, 24 investment companies and 19 high-net-worth individuals.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Westwood Management offer?","answer":"Westwood Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles, portfolio management for institutions and other activities.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Westwood Management use?","answer":"Westwood Management’s separately managed account assets are held at The Northern Trust Company (Chicago, IL), with $1,096,385,593, Bank of New York Mellon (New York, NY), with $943,999,391, State Street Bank and Trust Company (Boston, MA), with $853,407,812 and Jpmorgan Chase Bank, N.A. (Delaware, OH), with $531,504,695. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 31 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Westwood Management have?","answer":"Westwood Management has 12 investment adviser representatives registered with state securities authorities, out of 95 employees, and 68 perform investment advisory functions. 27 are registered representatives of a broker-dealer and 0 are licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Westwood Management invest in?","answer":"At the end of its last fiscal year, Westwood Management’s separately managed accounts held 91% exchange-traded equities, 7% investment grade corporate bonds and 2% cash and equivalents. It advises no private funds of its own.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Westwood Management?","answer":"Westwood Management’s direct owner is Westwood Holdings Group, Inc. (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Westwood Management get paid?","answer":"Westwood Management is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}